You have been given the expected return data shown in the first table on three

assets F,G, and H over the period 2016-2019:

	F	G	H
2016	19%	20%	17%
2017	20%	19%	18%
2018	21%	18%	19%
2019	22%	17%	20%

Using these assets, you have isolated the three investment alternatives shown in the following table:

Alternative		Investment
1		100% of asset F
2		50% of asset F and 50% of asset G
3		50% of asset F and 50% of asset H

.

a.Calculate the expected return over the 4-year period for each of the three alternatives.

b.Calculate the standard deviation of returns over the 4-year period for each of the three alternatives.

c.Use your findings in parts a and b to calculate the coefficient of variation for each of the three alternatives.

d.On the basis of your findings, which of the three investment alternatives do you recommend? Why?